France 24.
AFP – The Socialist tipped to become France’s next president took aim at the wealthy Tuesday with plans to slap a 75 percent tax rate on top earners.
Francois Hollande said it was simply a case of “patriotism to accept to pay extra tax to get the country back on its feet again” and reverse the policies of President Nicolas Sarkozy that he said favoured the rich.
“It is sending out a signal, a message of social cohesion,” he said during a tour of France’s annual agricultural fair in Paris.
Categories: France
Well, it seems there will be an exodus of the rich from France. House prices in Switzerland will increase with the added demand…